XML 75 R54.htm IDEA: XBRL DOCUMENT v3.20.4
Segment Information (Tables)
12 Months Ended
Dec. 31, 2020
Segment Reporting [Abstract]  
Schedule of Business Segments
Engineered
Materials
Acetate TowAcetyl ChainOther
Activities
EliminationsConsolidated
(In $ millions)
Year Ended December 31, 2020
Net sales2,081 519 3,147 (1)— (92)5,655 
Other (charges) gains, net (Note 16)
(36)(1)(9)— (39)
Operating profit (loss)
235 118 563 (252)— 664 
Equity in net earnings (loss) of affiliates
115 — 14 — 134 

Gain (loss) on sale of investments in affiliates (Note 7)
1,408 — — — — 1,408 
Depreciation and amortization
134 36 163 17 — 350 
Capital expenditures106 37 171 34 — 348 (2)
As of December 31, 2020
Goodwill and intangible assets, net1,030 154 301 — — 1,485 
Total assets3,990 975 3,930 2,014 — 10,909 
Year Ended December 31, 2019
Net sales2,386 636 3,392 (1)— (117)6,297 
Other (charges) gains, net (Note 16)
(88)(3)(117)— (203)
Operating profit (loss)
446 52 678 (342)— 834 
Equity in net earnings (loss) of affiliates
168 — 10 — 182 
Depreciation and amortization
131 45 161 15 — 352 
Capital expenditures104 43 208 35 — 390 (2)
As of December 31, 2019
Goodwill and intangible assets, net
999 153 234 — — 1,386 
Total assets4,125 977 3,489 885 — 9,476 
Year Ended December 31, 2018
Net sales2,593 649 4,042 (1)— (129)7,155 
Other (charges) gains, net (Note 16)
— (2)11 — — 
Operating profit (loss)
460 130 1,024 (280)— 1,334 
Equity in net earnings (loss) of affiliates
218 — — 233 
Depreciation and amortization
126 58 148 11 — 343 
Capital expenditures105 29 182 17 — 333 (2)
______________________________
(1)Includes intersegment sales of $92 million, $117 million and $129 million for the years ended December 31, 2020, 2019 and 2018, respectively.
(2)Includes a decrease in accrued capital expenditures of $16 million, an increase in accrued capital expenditures of $20 million and a decrease in accrued capital expenditures of $4 million for the years ended December 31, 2020, 2019 and 2018, respectively.
Schedule of Geographical Segments
The Net sales to external customers based on geographic location are as follows:
Year Ended December 31,
202020192018
(In $ millions)
Belgium274 259 261 
Canada68 75 115 
China888 859 1,070 
Germany1,837 2,132 2,335 
Mexico200 244 307 
Singapore627 787 997 
Switzerland81 — — 
US1,490 1,713 1,769 
Other190 228 301 
Total5,655 6,297 7,155 
Property, plant and equipment, net based on the geographic location of the Company's facilities is as follows:
As of December 31,
20202019
(In $ millions)
Belgium60 55 
Canada99 105 
China406 316 
Germany914 866 
Mexico57 57 
Singapore76 80 
US2,155 2,095 
Other172 139 
Total3,939 3,713